At the Singapore Fintech Festival, Chubb, a dealer in insurance, unveiled a new AI-powered optimization engine within Chubb Studio, a global technology platform for embedded insurance distribution partnerships. One of the first solutions of its kind offered to digital distribution partners in the insurance business, the new capability employs proprietary AI to evaluate data and […]
Accenture and Microsoft have been chosen by Essity to assist the multinational hygiene and health organization in accelerating the use of AI agents to generate value, drive efficiency, and spur growth through increased business agility. The businesses will collaborate at Essity’s AI Center of Excellence as part of the multi-year partnership. Microsoft’s cutting-edge technologies, including […]
As part of its quest for artificial intelligence, Meta Platforms Inc. announced to invest $600 billion in the United States. The business intends to use the funds over a three-year period. In addition to supporting infrastructure like electricity transmission lines and labor growth, it will invest in new AI data center. The $600 billion idea […]
Distributing data to advisers effectively has long been a difficult task for financial data providers. As advisors depend more on WealthTech platforms for everything from portfolio management to compliance and client interaction, it is now crucial to make sure that accurate, real-time financial data moves seamlessly between systems. However, integrating with several platforms separately frequently […]
The need for sovereign AI is expected to increase because of European enterprises’ increased emphasis on retaining control over data and infrastructure. The ability of a nation to create and implement AI using its own infrastructure, data, models, and expertise to safeguard data from outside access, increase competitiveness, and lessen dependency on foreign technology suppliers […]
Nippon Shinyaku, Ltd. has chosen its LifeSphere Safety platform, according to a recent announcement from ArisGlobal, an AI-first technology company dealing in life sciences and the originator of LifeSphere. To integrate its domestic and international safety procedures, Nippon Shinyaku wanted a worldwide single database and optimized workflow. The organization chose LifeSphere because of its demonstrated […]
To meet new security standards, such as a reduction in the validity time of SSL/TLS server certificates to 47 days, IBM Japan, Ltd. introduced a new solution based on HashiCorp Vault (henceforth referred to as “Vault”) and Red Hat Ansible Automation Platform (henceforth referred to as “AAP”). This system improves security by automating the whole […]
Lockheed Martin and Google Public Sector announced a strategic partnership to incorporate Google’s cutting-edge generative AI—including its Gemini models—into the Lockheed Martin AI Factory. Through this partnership, Google’s robust AI tools will be implemented in Lockheed Martin’s safe, on-site, and air-gapped environments, making them accessible to employees throughout the company. It is intended to enable […]
Ten malicious npm packages that are intended to transmit an information stealer targeting Windows, Linux, and macOS systems have been found by cybersecurity researchers. “The malware uses four layers of obfuscation to hide its payload, displays a fake CAPTCHA to appear legitimate, fingerprints victims by IP address, and downloads a 24MB PyInstaller-packaged information stealer that […]
Project Odyssey, a group-wide AI initiative by MoneyHero Limited, a digital insurance brokerage and personal finance aggregation and comparison platform in Greater Southeast Asia, aims to boost revenue growth and increase operating margins through intelligent automation and conversational product experiences. The company started deploying its AI-powered Car Insurance SaverBot Beta on WhatsApp in Singapore at […]
